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JIM Jarvis Securities Plc

60.00
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Jarvis Securities Plc LSE:JIM London Ordinary Share GB00BKS9NN22 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 60.00 59.00 61.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security Brokers & Dealers 13.07M 3.98M 0.0890 6.74 26.84M

Contract Wins/Trading Update

18/09/2007 2:26pm

UK Regulatory


RNS Number:0340E
Jarvis Securities plc
18 September 2007


                              Jarvis Securities plc
                                        
                          ("Jarvis" or "the Company")
                                        
                         Contract Wins / Trading Update



Jarvis is pleased to announce that it has signed two further contracts for the
provision of settlement and financial  administration services to commercial
clients. These contracts have been agreed with First Equity Limited, an 
established City firm and Member of the London Stock Exchange that is
transferring the operation of its settlements and  custody functions from a
competitor. The second signing is Lombard Asset Management Limited, a new firm
specialising in  small capitalisation markets.

The Company has a continuing strong pipeline of enquiries and contracts under
negotiation for the provision of  settlement and administration services. To
allow for the current and continued expansion of the business, Jarvis will  be
moving to a new, larger and self-contained headquarters building in early 2008.

The retail business of Jarvis also continues to perform strongly given the
current market volatility. Trade volumes  throughout May to August, the
traditionally quieter period of the year, have been at record levels for these
months.  The Company is also benefiting from the higher deposit interest rates
in the market on the cash funds that it holds.  Therefore, the Board remain
confident in the prospects of Jarvis for the rest of 2007.


Enquiries:

Jarvis Securities plc                          Tel: 0870 224 1111
Mathew Edmett

Daniel Stewart & Company plc                   Tel: 020 7776 6550
Lindsay Mair




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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